Private equity firms have a unique way of making money. They buy companies, improve them, and sell them for a profit. If they buy a company for $2 billion and sell it for $3 billion, they earn a big bonus. This bonus is called a "carry. " It's usually 20% of the profit, which in this case would be $
A fresh production company, Yume Entertainment, has just emerged, aiming to blend Hollywood and Asian film industries. The brains behind this venture are producers Andrea Bucko and Motoko Kimura, who bring a wealth of experience to the table. Yume, which translates to \"born from a dream\" in Japan
Around the world, entrepreneurs are making their mark in various industries, showing resilience and innovation in the face of challenges. In Belgium, Fabien Pinckaers, the founder of Odoo, a software company valued at $5. 3 billion, is focused on survival amidst competition from giants like SAP and
The Highland Local Schools Board of Education had a busy meeting on November 24. They talked about new laws that could change how schools get money. Four bills passed by the Ohio Senate might affect the school's budget. These bills deal with property taxes and how much money schools can get from the
The U. S. Defense Logistics Agency (DLA) is taking a step back to rethink its cobalt purchasing strategy. With cobalt prices surging by 50% since August, the agency is now reassessing its plans to stockpile this crucial metal. The DLA's initial tender, which aimed to purchase 7, 480 metric tons of c
The world is getting older, and cities need to change to keep up. The World Health Organization (WHO) has been pushing for Age-Friendly Cities and Communities (AFCC) to make sure older adults have what they need in their neighborhoods. This includes things like safe sidewalks, easy-to-use public tra
The New York Times has taken a stand against the Pentagon's new media policy. This policy requires journalists to promise not to seek out information that the government has not okayed for release. The Times argues that this policy is a direct attack on their right to report freely. The lawsuit, fi
A major news organization is challenging the Pentagon in court over new rules that limit how reporters can cover the U. S. military. The dispute centers on a 21-page agreement that the Pentagon asked journalists to sign in October. This agreement is seen as a way to control what reporters can share
A recent survey reveals that nearly half of Americans believe the cost of living has reached an all-time high. This sentiment is shared by a significant portion of Trump supporters, with 37% echoing the same concern. Interestingly, a similar number of Americans hold the current administration accoun
Queens is gearing up for a snowy weekend, with forecasts predicting 5-7 inches of snow. City officials recently shared their winter preparedness plans at a meeting in Borough President Donovan Richards' office. Antonio Whitaker, assistant director of the Bureau of Community Affairs at the NYC Depart
